Proposal designed for:

HORIZONS Insured: DAVE BAUZON

Owner: DAVE BAUZON

Why you made the right choice with MANULIFE HORIZONS

Enjoy peace of mind with double protection coverage for your family.
  Build your funds faster by making extra investments anytime through top-ups.
 
Be rewarded by staying invested with Loyalty Bonuses.1
 
Withdraw money easily from your fund anytime a need arises.2
 
Enhance your protection coverage through additional benefits depending on your specific needs.
 
How much you’ll invest (in PHP) How much you may get (in PHP)
Yearly investment3 Total investment5 Living benefit5 Death benefit
Basic plan 14,304 143,040 After 10 years: 130,700 730,700
Total investment 14,304 143,040 After 20 years: 255,285 855,285
At age 65: 854,742 1,454,742

Invest for a minimum of 10 years.4 Assuming your funds will grow by 8% a year.

Your policy details

Insured: DAVE BAUZON This is your proposal also known as the sales illustration. Please read it carefully
Age: 28 Gender: Male and review all details before signing it.
Owner: DAVE BAUZON You have 15 days to look at your policy contract from the time you receive it. If
Age: 28 Gender: Male you decide it is not suitable for your needs, you can return it and we will give you
Currency: Philippine Peso Face Amount: 300,000 the refund value.
Your Your Your death benefit is 200% of your face amount, plus 125% of all top-ups, plus
benefit premium your account value. It will not be less than 500% of the basic premium, plus
Basic Plan 125% of top-ups less 125% of withdrawals.
Manulife Horizons6 600,000 14,304.00 AS THE OWNER, YOU SHALL BEAR ALL THE INVESTMENT RISKS
(10-Pay2, Type 1 Face Plus) UNDER THIS POLICY.
Regular extra investments
-
(Recurring top-ups)
Additional benefits (riders)
1Loyalty Bonus is not guaranteed and excludes funds from Top-ups
Accidental Death Benefit 600,000 1,035.96
2This is subject to applicable surrender charges, minimum withdrawal
Enhanced Critical Illness 300,000 5,769.00
amount and minimum fund balance.
Total Disability Waiver Included 263.86 3We will invest your basic premiums and extra investments in your funds.
Total annual premium 21,372.82 Policy charges may apply. Rider premiums are not invested in your funds.
4The minimum paying period of 10 years is not guaranteed. You may still
be asked to pay premiums to continue your policy.
Other installment options are also available: 5Your living benefit is the value of your investments in your funds. We call
Semi-annual 10,893.11 this your account value. How your funds will perform is not guaranteed,
Quarterly 5,549.91 therefore the values are not guaranteed.
6The benefit amount shown is your initial death benefit. It may be higher
Monthly 1,868.33
or lower as explained above in the notes about your death benefit.

Some terms used in this proposal

Account value is the value of your investment in your funds. Riders are extra benefits you can buy on top of your basic plan.
Basic premiums are the amounts you will pay for your basic plan’s benefit. Accidental Death Benefit covers you in case of death due to an accident.
Fund refers to any of the funds we are offering. Please read About our funds for
more information. Critical Illness Rider gives you a lump sum benefit if diagnosed with any of 60
Refund value is the sum of the Account Value, the policy charges and your rider covered illnesses.
premiums. Hospital Income Benefit gives you daily allowances for a stay in the hospital.
Extra Investments are additional amounts you can put in your fund on top of your Maccimax Plan gives you benefits in case of accident-related incidents.
basic premium.
Term Rider gives you extra death benefit on top of basic plan.
Recurring top-ups are your regular extra investments you can pay together
with the basic premium. Total Disability Waiver exempts you from paying premiums when you
Lump sum top-ups are extra investments you can pay anytime. become disabled.
Rider premiums are the amounts you will pay for additional benefits.
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 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

Your benefits illustrated

Basic Extra LIVING BENEFIT FULL WITHDRAWAL VALUE DEATH BENEFIT
Year Age Premiums Investments
4% 8% 10% 4% 8% 10% 4% 8% 10%
1 29 14,304 - 1,213 1,408 1,507 121 141 151 601,213 601,408 601,507
2 30 14,304 - 2,481 2,937 3,172 496 587 634 602,481 602,937 603,172
3 31 14,304 - 11,903 12,912 13,438 2,976 3,228 3,360 611,903 612,912 613,438
4 32 14,304 - 23,943 26,011 27,100 23,943 26,011 27,100 623,943 626,011 627,100
5 33 14,304 - 36,470 40,165 42,135 36,470 40,165 42,135 636,470 640,165 642,135
6 34 14,304 - 49,502 55,455 58,677 49,502 55,455 58,677 649,502 655,455 658,677
7 35 14,304 - 63,056 71,969 76,874 63,056 71,969 76,874 663,056 671,969 676,874
8 36 14,304 - 77,147 89,798 96,886 77,147 89,798 96,886 677,147 689,798 696,886
9 37 14,304 - 91,790 109,042 118,886 91,790 109,042 118,886 691,790 709,042 718,886
10 38 14,304 - 107,777 130,700 144,027 107,777 130,700 144,027 707,777 730,700 744,027
11 39 - - 109,743 138,763 156,012 109,743 138,763 156,012 709,743 738,763 756,012
12 40 - - 112,742 148,634 170,481 112,742 148,634 170,481 712,742 748,634 770,481
13 41 - - 114,827 158,049 185,029 114,827 158,049 185,029 714,827 758,049 785,029
14 42 - - 118,054 169,607 202,623 118,054 169,607 202,623 718,054 769,607 802,623
15 43 - - 120,235 180,582 220,266 120,235 180,582 220,266 720,235 780,582 820,266
16 44 - - 123,595 194,008 241,554 123,595 194,008 241,554 723,595 794,008 841,554
17 45 - - 125,847 206,780 262,933 125,847 206,780 262,933 725,847 806,780 862,933
18 46 - - 129,314 222,363 288,685 129,314 222,363 288,685 729,314 822,363 888,685
19 47 - - 131,604 237,209 314,581 131,604 237,209 314,581 731,604 837,209 914,581
20 48 - - 135,147 255,285 345,734 135,147 255,285 345,734 735,147 855,285 945,734
21 49 - - 137,437 272,527 377,094 137,437 272,527 377,094 737,437 872,527 977,094
22 50 - - 141,012 293,482 414,780 141,012 293,482 414,780 741,012 893,482 1,014,780
23 51 - - 143,246 313,483 452,745 143,246 313,483 452,745 743,246 913,483 1,052,745
24 52 - - 147,094 338,066 498,642 147,094 338,066 498,642 747,094 938,066 1,098,642
25 53 - - 149,514 361,576 544,935 149,514 361,576 544,935 749,514 961,576 1,144,935
26 54 - - 153,267 390,023 600,438 153,267 390,023 600,438 753,267 990,023 1,200,438
27 55 - - 155,481 417,226 656,444 155,481 417,226 656,444 755,481 1,017,226 1,256,444
28 56 - - 159,028 450,112 723,556 159,028 450,112 723,556 759,028 1,050,112 1,323,556
29 57 - - 160,913 481,551 791,296 160,913 481,551 791,296 760,913 1,081,551 1,391,296
30 58 - - 164,116 519,533 872,439 164,116 519,533 872,439 764,116 1,119,533 1,472,439
31 59 - - 165,524 555,832 954,366 165,524 555,832 954,366 765,524 1,155,832 1,554,366
32 60 - - 168,223 599,671 1,052,485 168,223 599,671 1,052,485 768,223 1,199,671 1,652,485
33 61 - - 168,994 641,564 1,151,591 168,994 641,564 1,151,591 768,994 1,241,564 1,751,591
34 62 - - 171,012 692,158 1,270,276 171,012 692,158 1,270,276 771,012 1,292,158 1,870,276
35 63 - - 170,974 740,508 1,390,210 170,974 740,508 1,390,210 770,974 1,340,508 1,990,210
36 64 - - 172,120 798,912 1,533,841 172,120 798,912 1,533,841 772,120 1,398,912 2,133,841
37 65 - - 171,087 854,742 1,679,059 171,087 854,742 1,679,059 771,087 1,454,742 2,279,059
38 66 - - 171,153 922,196 1,852,977 171,153 922,196 1,852,977 771,153 1,522,196 2,452,977
39 67 - - 168,923 986,707 2,028,917 168,923 986,707 2,028,917 768,923 1,586,707 2,628,917
40 68 - - 167,675 1,064,665 2,239,631 167,675 1,064,665 2,239,631 767,675 1,664,665 2,839,631
41 69 - - 163,983 1,139,223 2,452,871 163,983 1,139,223 2,452,871 763,983 1,739,223 3,052,871
42 70 - - 161,014 1,229,236 2,708,158 161,014 1,229,236 2,708,158 761,014 1,829,236 3,308,158
43 71 - - 155,314 1,315,182 2,966,455 155,314 1,315,182 2,966,455 755,314 1,915,182 3,566,455
44 72 - - 149,873 1,418,757 3,275,478 149,873 1,418,757 3,275,478 749,873 2,018,757 3,875,478
45 73 - - 141,266 1,517,352 3,587,970 141,266 1,517,352 3,587,970 741,266 2,117,352 4,187,970
46 74 - - 132,224 1,635,939 3,961,573 132,224 1,635,939 3,961,573 732,224 2,235,939 4,561,573
47 75 - - 119,428 1,748,352 4,339,082 119,428 1,748,352 4,339,082 719,428 2,348,352 4,939,082
48 76 - - 105,237 1,883,328 4,790,158 105,237 1,883,328 4,790,158 705,237 2,483,328 5,390,158
49 77 - - 86,554 2,010,623 5,245,567 86,554 2,010,623 5,245,567 686,554 2,610,623 5,845,567
50 78 - - 65,224 2,163,291 5,789,518 65,224 2,163,291 5,789,518 665,224 2,763,291 6,389,518

Your benefits illustrated above are estimates based on different assumptions as to how your funds will perform. The scenarios above assume that your
funds will earn 4%, 8% and 10% a year. These rates are for illustration only, they do not represent actual performance and they are not the limits on
your fund returns. Actual returns may be lower or higher and the value could be less than how much you paid.
How the funds will perform is not guaranteed, so the values are also not guaranteed. Please read Important Reminders section
for more information.
The benefits illustrated above are net of applicable charges. Please read The charges of your policy section for more information.

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 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

Your additional benefits (riders)

These are your additional benefits called riders that you bought together with this policy. When your policy ends, these benefits will also end.
Benefit Premium
Accidental Death Benefit
We will give this additional benefit when the insured dies due to accident. 600,000 1,035.96
Total Disability Waiver
You will no longer need to pay your premiums if the insured becomes totally disabled. You may Included 263.86
use this benefit only if disability happens before age 60 and it lasts for at least six months. If it
happens between ages 60 and 65, we will waive your premiums but up to age 65 only.
Enhanced Critical Illness*
We will pay a lump sum amount if the insured is diagnosed with any of the given 60 critical 300,000 5,769.00
illnesses subject to the definitions in the policy contract.
List of covered critical illnesses:
Diseases of the Circulatory System Diseases of the Excretory System Forms of Disability
1. Myocardial Infarction 26. Kidney Failure 45. Paralysis
2. Coronary Artery Bypass Surgery 27. Medullary Cystic Disease 46. Blindness
3. Heart Valve Replacement 47. Loss of Limbs
4. Surgery to Aorta Diseases of the Muscular System 48. Loss of Hearing
5. Cardiomyopathy 28. Muscular Dystrophy 49. Loss of Speech
6. Other Serious Coronary Artery Disease 29. Progressive Bulbar Palsy 50. Total and Permanent Disability
7. Primary Pulmonary Arterial Hypertension 30. Progressive Muscular Atrophy 51. Amputation due to Complication from
8. Severe Infective Endocarditis 31. Hemolytic Streptococcal Gangrene Diabetes
9. Eisenmenger’s Syndrome Hematology-Related Disease Disease of the Respiratory System
Diseases of the Nervous System 32. Aplastic Anemia 52. End-Stage Lung Disease
10. Stroke Specific Diseases
11. Benign Brain Tumor Diseases of the Digestive System
33. Cancer 53. Chronic Liver Disease
12. Multiple Sclerosis 34. Major Organ Transplantation
13. Amyotrophic Lateral Sclerosis 54. Chronic Relapsing Pancreatitis
35. Coma 55. Crohn's Disease
14. Parkinson's Disease 36. Terminal Illness
15. Poliomyelitis 56. Fulminant Hepatitis
37. Major Burns 57. Severe Ulcerative Colitis
16. Encephalitis 38. Occupationally Acquired HIV
17. Alzheimer's Disease 39. Necrotizing Fasciitis Collagen Diseases
18. Apallic Syndrome 40. Pheochromocytoma 58. Severe Rheumatoid Arthritis
19. Brain Surgery 41. Elephantiasis 59. Systemic Lupus Erythematosus
20. Creutzfeldt-Jacob Disease (CJD) 42. Loss of Independent Existence 60. Progressive Scleroderma
21. Major Head Trauma 43. Addison’s Disease
22. Myasthenia Gravis 44. HIV due to Blood Transfusion
23. Progressive Supranuclear Palsy
24. Bacterial Meningitis
25. Surgery for Idiopathic Scoliosis

* Exclusions and limitations based on pre-existing conditions may apply. You have 15 days to look at this rider from the time you receive it.
If you decide it is not suitable for your needs, you can return it and we will do a refund. You may refer to your rider contract for more details.
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 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

Your guaranteed rider cash values

If you decide to end your policy, you can receive these amounts from your riders. The values shown below are for the riders you bought with
cash value feature.
Year Age Accidental Death Enhanced Critical Total
Benefit Illness Rider
1 29 - - -
2 30 - 900.00 900.00
3 31 600.00 2,100.00 2,700.00
4 32 1,200.00 7,200.00 8,400.00
5 33 1,200.00 12,600.00 13,800.00
6 34 1,800.00 18,000.00 19,800.00
7 35 1,800.00 23,700.00 25,500.00
8 36 2,400.00 29,400.00 31,800.00
9 37 2,400.00 34,500.00 36,900.00
10 38 3,000.00 39,600.00 42,600.00
11 39 3,000.00 40,800.00 43,800.00
12 40 3,000.00 42,000.00 45,000.00
13 41 3,000.00 43,500.00 46,500.00
14 42 3,000.00 44,700.00 47,700.00
15 43 3,000.00 45,900.00 48,900.00
16 44 3,000.00 47,400.00 50,400.00
17 45 3,000.00 48,600.00 51,600.00
18 46 3,000.00 49,800.00 52,800.00
19 47 3,000.00 50,700.00 53,700.00
20 48 3,000.00 51,900.00 54,900.00
27 55 3,000.00 57,900.00 60,900.00
32 60 2,400.00 57,000.00 59,400.00
37 65 1,800.00 50,700.00 52,500.00

Your riders will end once the insured reaches the following ages:
Accidental Death Benefit Rider age 70
Enhanced Critical Illness age 75

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 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

About our funds

Fund Your
Objectives of the fund management fund
charge allocation
Peso Secure Fund
The fund invests mostly in local currency government bonds. 1.75% 0%
Peso Diversified Value Fund
The fund invests majority of its assets in government bonds and a smaller portion in equities. 2.00% 0%
Peso Dynamic Allocation Fund
The fund dynamically allocates to government bonds and equity investments depending on market conditions. 2.25% 0%
Peso Wealth Optimizer Funds
The fund allocates more to equity securities at the onset and regularly de-risks by investing more to bonds as target date approaches.
Peso Wealth Optimizer 2031 Fund 2.25% 0%
Peso Wealth Optimizer 2036 Fund 2.25% 0%
Peso Growth Fund
The fund invests mainly in stocks listed on the Philippine Stock Exchange. 2.25% 0%
Peso Emperor Fund
This fund invest mainly in companies with Filipino-Chinese heritage and emerging potential to be market leaders. 2.00% 0%
Peso Powerhouse Fund
The concentrated portfolio invests in stocks listed on the Philippine Stock Exchange with target holdings of 15 equity securities. 2.00% 0%
Peso Global Health Fund ***
The fund invests primarily in a portfolio of equity and equity-related securities of companies in health care and related industries globally and which 2.25% 100%
are listed on any stock exchange.
Peso Global Market Leaders Fund ***
The fund invests in a concentrated portfolio of equity and equity-related securities of large capitalization companies listed globally, where most are 2.25% 0%
market leaders in their respective industries.
Peso US Growth Fund ***
The fund invests primarily in a portfolio of equity and equity-related securities of North American companies. 2.25% 0%
Peso Tiger Growth Fund ***
The fund invests in stocks listed in Hong Kong and/or have substantial business interests in Hong Kong and/or China. 2.25% 0%
Peso Cash Fund (for fund switching only)
The Peso Cash Fund aims to deliver returns with low volatility through investments in cash-like instruments. 0.50% N/A

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 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

How our funds performed

Peso Target Peso Wealth Peso Wealth

Peso Secure Fund Peso Diversified
Value Fund
Peso Dynamic
Allocation Fund
Peso Growth
Fund Distribution Optimizer Fund Optimizer Fund
Fund** 2026 2031
Inception Date April 14, 2009 April 14, 2009 July 1, 2013 April 14, 2009 April 7, 2014 June 6, 2016 June 6, 2016
2013 12.16% 8.57% *-4.80% 1.73% N.A. N.A. N.A.
2014 2.74% 5.93% 11.53% 21.40% *0.70% N.A. N.A.
2015 -2.16% -2.99% -4.89% -6.12% -4.50% N.A. N.A.
2016 0.39% -0.29% -2.17% -2.28% -3.64% *-8.10% *-8.70%
2017 -0.58% 4.76% 12.42% 24.45% 5.00% 18.28% 22.12%
2018 -3.64% -6.07% -10.06% -13.72% -5.83% -11.41% -13.00%
2019 13.50% 10.54% 7.79% 3.39% 7.84% 6.54% 4.64%
2020 5.18% 2.63% -3.15% -10.79% 1.05% -5.07% -8.28%
2021 -3.00% -2.21% -1.44% -0.40% -2.34% -1.85% -1.18%
2022 -4.14% -4.09% -5.24% -5.21% -4.78% -4.92% -5.11%
Return Since Inception 64.24% 82.70% -2.40% 181.43% -2.31% -9.10% -12.70%

Peso Wealth Peso Peso Asia Pacific Peso Global

Optimizer Fund Powerhouse Peso Emperor Preferred
Property Income Securities Peso US Growth Peso Tiger
2036 Fund Fund Fund Income Fund Growth Fund
Fund
Inception Date June 6 2016 January 16, 2017 August 13, 2018 May 31, 2019 May 11, 2021 May 11, 2021 May 11, 2021
2013 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
2014 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
2015 N.A. N.A. N.A. N.A. N.A. N.A. N.A.
2016 *-8.80% N.A. N.A. N.A. N.A. N.A. N.A.
2017 22.59% *17.10% N.A. N.A. N.A. N.A. N.A.
2018 -13.15% -12.38% *-2.40% N.A. N.A. N.A. N.A.
2019 4.12% 1.56% 3.89% *1.2% N.A. N.A. N.A.
2020 -9.50% -13.53% -11.14% -10.71% N.A. N.A. N.A.
2021 -0.66% -0.55% 0.55% 6.95% *7.15% *18.10% *-15.40%
2022 -5.17% -6.14% -5.96% -6.55% -7.88% -20.58% -21.87%
Return Since Inception -13.80% -15.90% -14.80% -8.70% -1.29% -6.20% -33.90%

*Fund performance is from inception date until December 31 of the launch year.
**Net of monthly payouts
***Clients who invest in these funds are fully exposed to movements in the PHP exchange rate because the underlying fund is invested in foreign currency-denominated securities.

The Investment Funds ("Funds") mentioned in this document are specific to variable life insurance contracts and are not considered mutual funds.
Yields depend on interest and foreign exchange rate levels, both of which may fluctuate. Other factors that affect yield include changes in the credit standing of the issuers and changes in the value
of the stocks and dividends received. Further, investments of the Funds may provide that their values be determined based on prices or yields of other securities, instruments or foreign currencies, and
such provisions may result in negative fluctuations in the value of these instruments and, in turn, the Funds' yields. Thus, the performance of the separate account(s) is not guaranteed and the value
of the policy could be less than the capital invested subject to any specified minimum guarantees.
AS THE OWNER, YOU SHALL BEAR ALL THE INVESTMENT RISKS UNDER THIS POLICY.
Past performance of the Funds is not necessarily indicative of future performance. Yields are not guaranteed. Yields indicated are exclusive of charges associated with the variable life policy.
The Unit Price of a particular Fund is computed by dividing the Net Asset Value of the Fund by the number of outstanding units of the Fund on the Valuation Date. The frequency of valuation is daily.
Unit Prices of the Funds are published weekly in major newspapers.

Certified true and correct:

Rahul Hora
President & CEO

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 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

Important reminders
1. Your payments and benefits are in Philippine pesos.
2. Only basic premiums and top-up premiums are invested into your funds. Rider premiums are not invested.
3. Your living benefit is your account value, and is net of applicable charges under The charges on your policy section.
4. Your death benefit (Type 1 Face Plus) is 200% of your face amount, plus 125% of all top-up premiums, plus your account value. It will not
be less than 500% of the basic premium, plus 125% of all top-up premiums paid, less 125% of all withdrawals.
5. A non-guaranteed loyalty bonus equal to 1% of the average Account Value (excluding values of your units from top-ups) for the past 48
months, is given every other year, starting on the 10th year. The minimum requirement for this bonus are: a.) Your regular premiums due
have been paid; and b.) All withdrawals made do not exceed all top-up premiums made.
6. The value on Your benefits illustrated and Customize your benefits sections assume that:
a)   All premiums, top-ups and withdrawals are made at the beginning of the year;
b)   All premiums and top-ups are fully paid on time, and there were no premium holidays except for the amount shown under
Customize your benefits section;
c)   You did not withdraw any other amount except for the amount shown under Customize your benefits section;
d)   Your full withdrawal value is your living benefit less applicable withdrawal charges;
e)   Your partial withdrawal values are taken out of the living benefits under Customize your benefits section. However,
withdrawal charges may apply and these are not yet reflected in the values shown.
7. Contract debt period: If your account value is not enough to pay for the monthly deductions during the first five years, we will delay
collecting them until your account value is enough. Your policy will not end and we will still pay the death benefit if the insured dies. This
will not apply if you miss paying your basic or rider premium, or if your total withdrawals are more than your total extra investments.
8. Premium holiday: You can choose to delay paying your premiums as long as your living benefit is enough to cover the monthly
deductions and rider premiums. However, your living and death benefits may be lower as a result and your policy may end earlier than
when you pay your premiums on time.
9. It is important that you understand the contents of this proposal, as it will become part of your policy once we have approved your
application.
10. We have tried our best to make sure this proposal is accurate; however there may still be mistakes and missing information.
11. Please read carefully your policy contract for the complete terms and conditions. We will apply the terms of your policy contract if there are
differences against your proposal.

The charges on your policy

We will deduct premium charges out of your basic premiums
and top-ups before we invest them. These are 35% of basic
premium in the first and second year, 15% of basic premium in the
third year, and 4% of each top-ups.
There are monthly deductions from your account value, which
are:
- the policy fee of PHP 83.33 per month for the first 10 years.
- the cost of insurance which starts at PHP 3.78 for each
thousand of amount at risk (or PHP 188.87 per month) for the
first month and increases with age but will not be higher than
PHP 1,000 for each thousand of amount at risk.
- the monthly load equal to 2.92% of the Basic Annual
Premium in the first and second year.
We will deduct fund management charges from your funds
as shown in About our funds. The fund returns we assumed in
this illustration are already after these charges have been
deducted.
We will deduct withdrawal charges from the amount you will
receive should you withdraw from your funds during the first three
years. These are 90% in the first year, 80% in the second year and
75% in the third year. There are no withdrawal charges if you
withdraw from funds paid by your top-ups.
We may change or add new charges as long as the Insurance
Commission approves them.

Page 7 of 8
Your proposal was prepared on 06 August, 2023 and is valid until 05 September, 2023 Ver. epos-ph-angular-app PHA-P
0001014093 This is valid only if all pages are included. 24.6.0-0.22.0
UU110B - PACK
 Proposal designed for:
HORIZONS Insured: DAVE BAUZON
Owner: DAVE BAUZON

Acknowledgement of variability
I acknowledge that:
I have applied with The Manufacturers Life Insurance Co. (Phils.), Inc. for a variable life insurance policy, and have looked at the tables of
this proposal that show how the policy performs using the company's assumptions and based on the Insurance Commission's guidelines on
interest rates.
I understand that since the fund performance may vary, the values of my units are not guaranteed. It will depend on the actual performance
and the value of my policy could be less than how much I paid. The unit values of my policy are regularly published.
I understand that the recommended minimum payment period of 10 years may not be enough to continue my policy and I may need to pay
more premiums if the account value is not enough to pay the policy charges.
I understand that I shall bear all the investment risks under this policy.
Acknowledgement of understanding
I have read and understood the information in this proposal. My Financial Advisor has explained:
the features of the policy;
the non-guaranteed parts of the policy;
the way the benefits will depend on how my funds will perform;
the available funds and the risks related to them;
the guarantees on the minimum death benefit and maximum charges; and
that my policy will end once my funds are no longer enough to pay for my monthly deduction, except during contract debt period.
I also understand that this proposal is valid only until 05 September, 2023 and that any changes will make this proposal invalid.

#OWNER_SIGNATURE #OWNER_SIGNDATE
DAVE BAUZON Date
Policy Owner

Financial Advisor's confirmation

I have presented this proposal without making any changes. I have explained that the values are not guaranteed and may change. I did not
make any statement that is not consistent with the proposal.

#AGENT_SIGNATURE #AGENT_SIGNDATE
SHEILA ONG (328075) Date
Financial Advisor

Premium Components Extra Ratings

Annual Semi- Quarterly Monthly Permanent Temporary Temporary Permanent
Annual Flat Flat Flat %
Duration
Basic + Rider 21,372.82 10,893.11 5,549.91 1,868.33 HORIZONS std
Recurring TU 0.00 0.00 0.00 0.00 ACCIDENTAL DEATH std
BENEFIT
Total 21,372.82 10,893.11 5,549.91 1,868.33
ENHANCED CRITICAL std
ILLNESS
Rider premiums may include adjustments for extra risk we are covering. TOTAL DISABILITY std
WAIVER

Page 8 of 8
Your proposal was prepared on 06 August, 2023 and is valid until 05 September, 2023 Ver. epos-ph-angular-app PHA-P
0001014093 This is valid only if all pages are included. 24.6.0-0.22.0
UU110B - PACK